Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2023 28.91%
October 31, 2022 26.97%
July 31, 2022 23.81%
April 30, 2022 29.71%
January 31, 2022 32.10%
October 31, 2021 34.57%
July 31, 2021 37.35%
April 30, 2021 37.47%
Date Value
January 31, 2021 38.01%
October 31, 2020 34.74%
July 31, 2020 34.80%
April 30, 2020 32.59%
January 31, 2020 36.62%
October 31, 2019 34.68%
July 31, 2019 36.46%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

23.81%
Minimum
Jul 2022
38.01%
Maximum
Jan 2021
33.25%
Average
34.68%
Median
Oct 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics